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Saturn Oil & Gas Inc. T.SOIL

Alternate Symbol(s):  OILSF | T.SOIL.WT.A

Saturn Oil & Gas Inc. is a Canada-based energy company. The Company’s focus is to advance the exploration and development of its oil and gas properties in Alberta and Saskatchewan. It has assembled a portfolio of assets in Southeastern Saskatchewan, West Central Saskatchewan and Central/Northern Alberta that provide an inventory of economic drilling opportunities across multiple zones. The Company's producing properties in Southeast Saskatchewan includes Oxbow assets, which are geologically concentrated within the Mississippian-aged, Midale and Frobisher oil formations and the Bakken assets concentrated in the Bakken formation of Southeast Saskatchewan. The producing properties in West Central Saskatchewan consist of Viking assets. The producing properties in Central Alberta consist of Cardium assets. The producing properties in North Alberta consist of assets located in the Kaybob and Deer Mountain areas of Alberta.


TSX:SOIL - Post by User

Bullboard Posts
Post by poiseon Feb 23, 2016 12:33am
149 Views
Post# 24584236

Not another one!!! Really...

Not another one!!! Really...Unfortunately or fortunately you are all fools.  Where are the production volumes. There are oil shows everywhere in the entire south half of the province and 98% of shows are unproductive.  It takes two days to complete a well. Service rigs sitting everywhere.  
Oil saturations calculated from logs is archaic. Calling this a discovery is laughable as it takes actual oil to be producing from the formations.  Saying the value of the land has increased by oil shows only serves one purpose to increase SP without tangible oil producing into tanks.  
Here we go again....
jmho 

Bullboard Posts